Pitney Bowes
258 hedge funds and large institutions have $594M invested in Pitney Bowes in 2022 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 88 increasing their positions, 74 reducing their positions, and 35 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
19% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 74
1.11% more ownership
Funds ownership: 65.21% → 66.32% (+1.1%)
6% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 35
2% less funds holding
Funds holding: 262 → 258 (-4)
22% less capital invested
Capital invested by funds: $757M → $594M (-$163M)
44% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $8.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Permit Capital
West Conshohocken,
Pennsylvania
|
+$8.67M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$6.49M |
| 3 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
+$5.96M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.85M |
| 5 |
Renaissance Technologies
New York
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$16.6M |
| 2 |
Millennium Management
New York
|
-$10.8M |
| 3 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
-$6.37M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$6.27M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$5.47M |
PBI Hedge Fund Activity: Q1 2022 in Review
258 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2022, worth a combined $594M — down 22% from $757M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PBI and 33 opened new positions — a net loss of 2 holders — while 74 trimmed existing stakes and 88 added.
The largest buyer was Permit Capital, opening a new position worth an estimated $8.67M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $16.6M sold.
- 258 institutional investors held Pitney Bowes (PBI) as of Q1 2022, down from 262 in Q4 2021.
- Funds reported $594M of Pitney Bowes stock for Q1 2022, down 22% quarter-over-quarter.
- 33 funds opened new Pitney Bowes positions in Q1 2022 and 35 closed out, a net change of -2 holders.
- The largest Pitney Bowes buyer in Q1 2022 was Permit Capital, an estimated $8.67M added.
- The largest Pitney Bowes seller in Q1 2022 was Frontier Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2022.